RULE VI : HIGH-END OR LUXURY GOODS

Section 1. List of Retailers selling High-End or Luxury Goods. - An annual list of foreign retailers selling high-end or luxury goods shall be formulated and regularly updated by the Inter-Agency Committee on Tariff and Related Matters of the National Economic Development Authority (NEDA) Board, in coordination with the relevant organizations and the private sector concerned. (Section 8, second to the last paragraph)

Sec. 2. Annual Report to Congress. – The Inter-Agency Committee on Tariff and Related Matters of the National Economic Development Authority (NEDA) Board shall annually report to Congress the list of foreign retailers selling high-end or luxury goods. (Section 8, last paragraph)